Property profile

2210 Us-1 Rockingham, NC 28379

OFF-MARKET
Retail properties & Spaces
1,876 SF 0.61 ac lot Built 1980
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Property summary

AI-generated overview

This exceptional 1,876 square foot retail property, situated on a 0.61-acre lot at the intersection of US Highway 1 and State Highway 177 in Marston, presents a unique investment opportunity. Built in 1980, the single-story building boasts direct frontage and convenient access to both major highways, ensuring high visibility and accessibility for customers. The property's strategic location less than a mile from the renowned Rockingham Speedway and Rockingham Dragway guarantees significant foot traffic and potential for substantial revenue generation. 2021 traffic counts reveal an impressive 10,500 AADT (Average Annual Daily Traffic). While previously equipped with gas pumps, they have since been removed, offering flexibility for a variety of retail uses. The property is zoned HC (Highway Commercial), making it ideal for a convenience store or similar business. The building is currently vacant, providing immediate occupancy for a new tenant. This is a rare opportunity to acquire a well-positioned retail space in a high-traffic area with strong potential for growth. The property's APN is 841402965969 and is located within the Richmond County submarket cluster.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1980
Total area 1,876 SF
Lot 0.61 ac (26,572 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2210 Us-1 Rockingham, NC 28379
Rockingham metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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